The bankruptcy trustees committee of The Investment Dar Company (K.S.C.C., under liquidation), chaired by Dr. Ali Owaid Rukheyes with Mr. Ahmed Duaij Al-Duaij and Mrs. Hanadi Humoud Al-Bader as members, has announced the start of phase one of the in-kind distributions to creditors who chose Category A, in line with the settlement plan approved by judgment of the competent court.
What Category A creditors need to do
- Any Category A creditor who has not yet given the committee the number of an investment portfolio held with a brokerage firm licensed in the State of Kuwait should send it now, so that the committee can complete the transfer of the Boubyan Bank shares due to them.
- The period is ten (10) working days from the date the announcement was published.
- If the portfolio number is not provided within that period, completion of the share transfer to that creditor may be delayed.
- Creditors are responsible for the accuracy of the details they provide; the committee bears no responsibility for any delay or failed transfer caused by incorrect or incomplete details.
The announcement applies only to creditors classified under Category A of the approved settlement plan and does not cover other categories. Any later phases will be announced in due course.
Contact and portfolio details
Alwaha Auditing Office (a member of Nexia)
Email: info@alwahauditing.com
Phone: 22424919
The announcement was published in Al-Eqtisadiyah newspaper (Kuwait), issue 717, 26 July 2026, page 5.